
Smart planning is the key to solving traffic congestion as the UAE grows
While congestion on the roads may be avvvvn inevitable symptom of societal boom times, it can nonetheless bear a heavy cost for everyone. In public-messaging campaigns, the focus is often on safety; it is well-established that congestion can lead to accidents. But there is a range of other – often very expensive – externalities. Congestion reduces the productivity of the labour force, inflates transport costs (and, by extension, the price of other services and goods) and increases carbon emissions from idle exhaust fumes. There is also a mental toll: last year, Dubai drivers lost nearly a day and a half of time that could have been spent doing other things sitting instead in unusually high traffic.
Few cities, moreover, have grown as quickly as Dubai, where the population has doubled in the past 15 years. Nearby Abu Dhabi, for its part, has grown by 50 per cent in the past decade, with 7.5 per cent population growth last year alone. In the Northern Emirates, a host of development projects are expected to raise investment and resident numbers in the coming years. Consequently, authorities have had to plan quickly to ensure that transport infrastructure can keep up. In recent weeks, an ambitious portfolio of projects and planning initiatives has been announced to that end.
This week, the UAE unveiled a Dh750 million ($204 million) expansion of Emirates Road, a key artery linking Dubai and the Northern Emirates. The project, announced by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, will add three lanes in each direction across a 16-kilometre stretch, boosting the road's capacity to 12,000 vehicles per hour and offering relief to hundreds of thousands of daily commuters.
Last year, Dubai drivers lost nearly a day and a half of time that could have been spent doing other things
The announcement came on the heels of another major investment: a Dh633 million ($172 million) plan to upgrade roads in Dubai's financial district. The project will cut congestion on one of the city's busiest routes, the portion of Al Mustaqbal Street stretching from Zabeel Palace Street to Financial Centre Street, via three tunnels, a bridge and a lane-expansion. The result will be a better commuter experience for thousands of people who move in and out of Downtown Dubai every day.
These projects are part of a wider constellation of efforts towards integrated urban planning to future-proof the country. The UAE is increasingly leveraging technology, data and design to not only manage congestion but also enhance safety and sustainability. Smart traffic signals, dynamically priced toll roads, improved pedestrian zones and the development of public transit networks are all part of this strategy.
Solving the problem of congestion is not easy. But the tools UAE cities are using to tackle it are the right ones. And the level of investment being pumped into transport infrastructure provides plenty of cause for optimism that the way ahead is clear.
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Emirates 24/7
30 minutes ago
- Emirates 24/7
Dubai Electricity and Water Authority PJSC reports a record AED 14.6 billion in revenue for the first half of 2025
Record H1, 2025 Results AED 14.6 bn AED 7.0 bn AED 3.7 bn AED 2.9 bn AED 9.2 bn +6.9% YoY +5.3% YoY +12.6% YoY +13.2% YoY +61.3% YoY H1, 2025 Revenue H1, 2025 EBITDA H1, 2025 Operating Profit H1, 2025 Profit After Tax H1, 2025 Operating Cash * figures are rounded Record Q2, 2025 Results AED 8.6 bn AED 4.5 bn AED 2.9 bn AED 2.4 bn AED 5.3 bn +9.8% YoY +11.9% YoY +24.8% YoY +25.8% YoY +120.1% YoY Q2, 2025 Revenue Q2, 2025 EBITDA Q2, 2025 Operating Profit Q2, 2025 Profit After Tax Q2, 2025 Operating Cash * figures are rounded Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai's exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its first half 2025 consolidated financial results, recording first half revenue of AED 14.6 billion, EBITDA of AED 7.0 billion, operating profit of AED 3.7 billion, net profit of AED 2.9 billion and cash from operations of AED 9.2 billion. Quote 'DEWA is committed to be an innovative and sustainable corporation inspired by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, and Chairman of The Executive Council of Dubai, and His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance. Under their guidance, we are progressing in our journey towards Net Zero Carbon by 2050 and will continue to play a decisive role in Dubai's rapid progress,' said HE Saeed Mohammed Al Tayer, Vice Chairman and MD & CEO of DEWA. 'We are proud to report DEWA's strongest-ever financial results for both the 2nd quarter and first half of 2025 - a reflection of disciplined execution, growing demand, and our commitment to operational excellence. In H1 2025, we achieved AED 14.6 billion in revenue, AED 7.0 billion in EBITDA, and AED 2.9 billion in net profit - marking growth of 6.9%, 5.3%, and 13.2% respectively. Operating cash flow reached a record AED 9.2 billion, up 61.3% year-on-year. Also, we approved a dividend of AED 3.1 billion for H1, 2025, which is payable in October, 2025. To date we have invested over AED 230 billion in state-of-the-art infrastructure. Our results demonstrate the resilience of our model and the ability to generate strong returns while advancing Dubai's sustainable development. Looking ahead, we expect consistent value creation for our stakeholders, supported by Dubai's economic growth, our robust business model and our sector leading operational benchmarks that are acknowledged to be No 1 globally.' added Al Tayer. Financial performance summary DEWA delivered a record financial and operational performance for the six months ended 30 June 2025. Revenue rose by 6.9% year-on-year to AED 14.6 billion, driven by continued growth in electricity and water demand, as well as steady expansion in district cooling through Empower. EBITDA increased by 5.3% to AED 7.0 billion, supported by improved operating efficiencies and effective cost control across core segments, highlighting the Group's strong underlying profitability. Net profit for the period grew 13.2% to AED 2.90 billion, reflecting higher operating income, and decline in net finance costs by 15.45% compared to the same period in the previous year. Capital expenditure during the period totalled AED 4.6 billion, covering investment in generation capacity, transmission networks and district cooling infrastructure. DEWA expects stronger revenue and profit contribution in the second half of the year, considering the seasonal pattern of our business. The Group remains focused on delivering long-term growth through strategic investments in clean energy, digital infrastructure, and water desalination, in alignment with Dubai's Green Economy vision. DEWA continues to demonstrate financial resilience, operational excellence, and consistent value creation for its stakeholders. Operating performance summary In the second quarter of 2025, DEWA's total energy generation Including Energy import from IPPs soared to a high of 16.9 TWh marking a 10.88% increase from the 15.3 TWh recorded during the second quarter of 2024. Notably, DEWA generated 3.3 TWh of clean energy during the quarter. This clean energy accounted for 19.46% of the total energy generated in Q2, 2025. DEWA is committed to using clean energy to maintain a sustainable generation mix to meet the consistently growing demand. In addition, DEWA delivered 2.18 TWh from Hassyan power plant and 11.46 TWh from its remaining generation portfolio during the second quarter of 2025. DEWA experienced a 2.95% increase in its quarterly peak power demand compared to Q2, 2024, reaching 10.545 GW. The quarterly gross heat rate of 7,693 BTU/kWh achieved, represents a stellar 7.01% improvement over the same period from the previous year. Collectively, these achievements highlight the company's unwavering commitment to delivering operational excellence while facing very strong top line demand. DEWA's total desalinated water production in the second quarter of 2025 grew by 9.55% compared to the previous year, reaching a record of 40.78 billion Imperial Gallons (BIG). The peak daily desalinated water demand reached 475 MIG which is a 5.87% increase over the same period of the previous year. At the end of the second quarter of 2025, DEWA served 1,292,487 customer accounts, representing a 4.81% increase in customer accounts from the same period in the last year. Select quarterly highlights In the second quarter of 2025, DEWA commissioned two 132 kV substations, and four hundred and eighty three 11kV substations. By the end of the first half of 2025, the company's system installed generation capacity reached 17.979 GW with 3.860 GW of this capacity representing renewable energy. The company's installed desalinated water production capacity was 495 MIGD. DEWA Total Installed Capacity as of June 30th, 2025 Generation Plant Capacity (MW) Desalination Type MIGD Jebel Ali & Al Aweer 11,519 Jebel Ali Multi-stage Flash 427 Mohammed bin Rashid Al Maktoum Solar Park 3,860 Jebel Ali Reverse Osmosis 63 Hassyan Power Plant 2,400 Palm Jumeirah Sea Water Reverse Osmosis 5 Warsan Waste Management Center 200 Total 17,979 Total 495 By the end of 2030, DEWA plans to have total installed power generation capacity of 22 GW and 735 MIGD of desalinated water. Of this 22 GW, around 7.5 GW will be from renewable sources, representing 34% and out of 735 MIGD water production capacity, 308 MIGD will be using reverse osmosis technology utilizing renewable energy. Corporate Actions: Dividends & Dividend policy As per DEWA's dividend policy, the Company expects to pay a minimum annual dividend of AED 6.2 billion in the first five years starting October 2022. The dividends are paid semi-annually in April and October. On 10th April 2025, DEWA distributed AED 3.1 billion as dividend for H2, 2024 to its shareholders, based on a record date of 3rd April 2025. For H1, 2025, DEWA has sought and received approvals to distribute AED 3.1 billion to its shareholders based on a record date of 17th October, 2025. Audited Financials DEWA's audited financials can be found at DEWA's website: or on DFM's website Contacts About Dubai Electricity and Water Authority PJSC DEWA was created in 1992 as a result of the merger of the Dubai Electricity Company and the Dubai Water Department. DEWA is the exclusive electricity and water utility provider in Dubai. DEWA was listed on the Dubai Financial Market in April 2022. DEWA's attractive business profile, as viewed by investors, has led to the historic success of this public listing that attracted US$ 85 billion demand and 37 times oversubscription. The Group generates, transmits and distributes electricity and potable water to end users throughout Dubai. DEWA owns 56% of Empower, currently the world's largest district cooling services provider by connected capacity, and owns, manages, operates and maintains district cooling plants and affiliated distribution networks across Dubai. The Group also comprises several other businesses including Mai Dubai, a manufacturer and distributor of bottled water, Digital DEWA, a digital business solutions company, and Etihad ESCO, a company focused on the development and implementation of energy efficient solutions. To learn more, visit Cautionary statements relevant to forward-looking information This news release contains forward-looking statements relating to DEWA's operations that are based on management's current expectations, estimates and projections about the energy industry and other relevant industries that DEWA operates in. Words or phrases such as 'anticipates,' 'expects,' 'intends,' 'plans,' 'targets,' 'forecasts,' 'projects,' 'believes,' 'seeks,' 'schedules,' 'estimates,' 'positions,' 'pursues,' 'may,' 'could,' 'should,' 'will,' 'budgets,' 'outlook,' 'trends,' 'guidance,' 'focus,' 'on schedule,' 'on track,' 'is slated,' 'goals,' 'objectives,' 'strategies,' 'opportunities,' and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company's control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, DEWA undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.


Khaleej Times
30 minutes ago
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'Not going to occupy Gaza': Israeli PM says goal is to free enclave from Hamas
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Campaign ME
an hour ago
- Campaign ME
Nandita Saggu joins Liwa Content.Driven as Chief Growth Officer
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